OREANDA-NEWS  On 03 March was announced, that the export duty for crude oil was increased from USD 100.9 to USD 115.3 per 1 tonne. The Council of Ministers has adopted relevant Resolution No. 247.

The oil export duty was revised upward following a similar increase in the export oil duty in the Russian Federation effective from March 1. The export duty on oil products was raised to the level of the duties valid in Russia. For example, duties on light oil products (light and middle distillates, liquefied gas, benzol, toluene and xylol) were increased from USD 80.3 per tonne to USD 90 per tonne. Duties on dark petroleum products (engine oil, processed oil products, mineral wax, oil coke, oil asphalt) were raised from USD 43.2 per tonne to USD 48.5 per tonne.

In line with the intergovernmental Belarusian-Russian agreement, export duties on oil and oil products in Belarus are equal to the duties applied in Russia. They are imposed in Belarus on the same day as the duties in Russia.

In conformance with the Belarusian-Russian agreements, in 2009 the oil duty for Belarus is calculated under the coefficient of 0,356 of the Russian duty. Beginning March 1, it amounts to USD 41 per 1 tonne in Belarus.